BulldogFord65 » August 28th, 2013, 11:07 am •
Hi Family: Here are the notes from last night's CC. Spent the day yesterday in the ER with my Mom, and I'm staying with her until she feels better. Your prayers for her swift recovery and healing are much appreciated! Love you, Family!
Frank26 IQD Conference Call after Bible Study Tuesday, August 27, 2013
• Post 177 by BDF65 recaps the article in post 110 with commentary regarding the significance of the deal between Iraq and India;
Forum member replied with definition of “exotic currency” from Investopedia: currencies which lack market depth, traded a low volumes, bid/ask spreads are large, not considered major currencies, and the IQD was used as an example; he went on to say the information we have today people would have given their eye teeth for 2 decades ago, we have a rare gift of free information at KTFA
Read More Link on Right
• NASDAQ disagreeing on why they shut down, giving different excuses, don’t believe these things! Don’t pay attention, they cannot be that ignorant to their own systems and processes
• Jack Lew: O not negotiating over the debt limit; either O does not care about the USA and its citizens or he’s aware of something going on that will resolve our debt issues
• Frank will not speak about Syria due to the sensitivity of the situation with our troops involved
• Article: Iraq continues to be exposed due to its reliance on only oil for their nation’s revenue; however, this is not an example of “Dutch disease” meaning relying solely on 1 export because Iraq is oil, with an almost limitless supply
• Relationship between India and Iraq allows them to do business in local currencies – this is what the IMF mandated
• Andy5252 came on the line and stated he tried to call his congressman in his DC office and asked questions about the Dodd-Frank Law, and he got the run around, deflected the questions, promised to return calls, but no reply
• post by SeniorTour about the Marshall Plan, where will it be applied next time? With USA getting involved in Syria, is this the next target for the Marshall Plan; Frank said Kuwait and Iraq were different, the USA was invited there, but not Syria or Egypt; Afghanistan is a different question, needs further study
• M wants to run for a 3rd term – many similarities between M and O
• Article 40,000 Iraqis have died this year under M’s government
• When Frank brought us Delta’s report, he erroneously used the word “spread,” he should have stated it was a fee, or service charge; banks will make money from the spread, and also from the fees/service charges; so, what do we do? Pay the tax. Don’t be greedy, or you will lose even more; give the first fruits to the Lord and then tithe, and he will multiply it back; if banks want to charge fees, talk to them!
Go in prepared with information, don’t go in asking questions, be bold and don’t let them push you around, insist on answers, ask for the manager’s phone number, work from a position of strength – get into the banks and do our homework, determine what bank we are going to deal with; pay attention and find out what you can now
• Frank reminded that it’s not imperative to set up vehicles now (annuities, trusts, etc), it can be done after the RV, but we must investigate now, and know that we will need more than one vehicle, we will need more than one bank
• Ramjet post about the intel yesterday of 30% tax on exchange: he told another person about this investment and encouraged this person to contact Frank for his IQD; this man had purchased currency from Travelex previously, and was charged a service fee – one of the ways the banks will pull themselves out of financial trouble is these fees
• Frank has a friend who is ex-military and who is invested in the IQD; this man has well-placed connections in the UN in the IMF; according to this man’s sources, Iraq was given 30 days to get the RV done after release from CH7, and then they were given article 8 and another 30 days and they blew it, so the IMF is now in control; the greed of those in gov’t and banking in Iraq have led to the delays, and now the IMF is in control
• Frank said the next window of study is Sept 3 – 8
• The “glitches” the NYSE said there was too much info on their boards and it crashed. This is smoke, they were downloading software; what is important about this is, what time of day did NASDAQ crash? 12:00 pm ; when testing is run, they do it behind our backs in the wee hours of the morning – notice, this time, they did it in real time, when trading was live, right in front of us; this is significant; when it’s time for the RV to happen, the systems need to be tested in live in real time.
What time did they come back? 3:00 PM ; why? Do our homework and look at the pattern when Kuwait RV’ed in the 1990’s, it happened at 3:00 PM; rate changes must be posted by 3:00 PM; this was a test run in real time; Kuwait was turned back at 3:00 PM on a Thursday in the 1990’s; think of the billions lost when trading was shut down – why would they stand for this?
The money in banks was locked up, trading stopped, and no way would this be allowed if it wasn’t for something BIG (pending RV)
• The amount of information downloaded was HUGE, taking 3 hours, and we saw this happen in the Eurex as well; the rate change for many currencies for many countries is a tremendous amount of data; the entire world’s money in the NASDAQ was shut down and tied up; this is dangerous, contracts and futures had to be redone; this go-live test was extraordinary; shutting down the world’s financial markets is the last step before an RV; these are epic times
• Delta’s update (voice message): all is well with him, update is M went to India, it was very successful, M is back in Baghdad, M signed many contracts with the most significant being the deals in local currency exchange, significant because the IQD is not international, so obviously something is about to happen;
M talked about finances, which was significant; the MoP has a 5 year plan, and it was to be implemented in January but did not; the MoP is saying on Iraqia TV that the 5 year plan will be implemented in mid-September, again a HUGE sign something is about to happen; the governor of the CBI announced about coming budget of 2014 with the GOI
Frank said one week from tomorrow (Wed, Sept 4) he would like to have a TalkFusion session NOT ON THE IQD; next week, Mon and Tues will have dinar updated, Wednesday will be fellowshipping, but no IQD
Frank ended the call with prayer, and Andy lifted the prayer with the shofar horn blast